October 14, 2009

Is The Dollar Dead?

Analyst Max Kaiser is one of many who says “yes”. His comments come as 3 separate government reports point to a fiscal doomsday for the U.S. This is a must-see video for all.

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August 24, 2009

“Cash For Clunkers” Ends, “Cash For Refrigerators” Is Next

I’m not kidding… as “Cash For Clunkers” mercifully ends (for now), a new Federal economic sector-tinkering program is set to kick in shortly courtesy of Porkulus (the stimulus bill.) This one is going to give participants rebate bucks for buying new, more energy-efficient appliances. From $50-200 can be yours…AND there will be no fridge mutilation […]

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February 17, 2009

Eastern Europe May Start A Domino Effect Of Defaults

Latvia, Poland, Ukraine…why worry about what’s going on in the countries of Eastern Europe? Because Western European banks are overextended with loans to these countries, and our banks have their share of exposure too. Last night there was an incredible de-coupling of the dollar vs. other world currencies, resulting in a huge flight to the […]

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November 25, 2008

Forget What I Said About The $700 Billion Dollar Bailout

Forget what I’ve said about the $700 billion dollar Bailout plan. Why? Because Bloomberg crunched the numbers yesterday, and says the U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the […]

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